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OTCbid - Bitcoin could hit US$1 million, according to Cathie Wood’s Ark Invest

 

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" In a time of extreme volatility in the crypto market, a major investment firm is predicting Bitcoin (BTC-USD) will hit US $1 million by 2030. 

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ARK Invest is a closely watched investment fund known for its prescient high-risk, high-reward strategy. 

Cathie Wood is the CEO and CIO of ARK and is known for her radical transparency in explaining - via a public newsletter - her decisions to buy and sell.

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It's important to note that Wood previously predicted Bitcoin would reach US$500,000 by 2026. We are now in 2022 and in the midst of a major 'crypto winter'. 

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“Bitcoin’s market capitalisation still represents a fraction of global assets and is likely to scale as nation-states adopt [it] as legal tender,” wrote ARK analyst Yassine Elmandjra in the firm’s Big Ideas 2022 outlook report, which was released last Tuesday.

Additionally, ARK said, "Bitcoin is taking market share as a global settlement network".

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According to ARK’s research, Bitcoin’s cumulative transfer volume increased by 463 per cent in 2021 alone, and its annual settlement volume has surpassed Visa’s annual payments volume. " - Read Full Article

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Source: Yahoo

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100K BTC BUYER IN NYC

" We get asked for millions of BTC from billion-dollar companies. We can do it with multiple sellers and multiple wallets."

- OTCbid

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 -6% gross, -3% net, Bank, Performance Bond, Signature Bank or JP Morgan, NYC

Seller Mandate Only

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NEW: NEW: 100K BTC with R&E @ -6% gross, -3% net, Bank, Performance Bond, Signature Bank or JP Morgan, NYC - Look For Seller

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(Seller :  PWIL GST-GAIL)

Post: 3.2.22

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• Buyer is looking for 100K BTC with R&E  @ -6% gross, -3% net​

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• Buyer = 3%

• Buyerside = 1.5% 

• Sellerside = 1.5%

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• First tranche =  1000 BTC

• Second tranche = 4000 BTC

• Subsequent tranches =  5000 BTC

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• ​​​PROCEDURE: 

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• 1. BUYER AND SELLER SIGN THE AGREEMENT.

• 2. BUYER SEND PROOF OF FUNDS BY SWIFT MT-199 TO SELLER’S BANK, AND GIVES A COPY TO THE SELLER.

• 3. SELLER’S BANK RESPONDS TO MT-199 AND GIVES A COPY TO THE BUYER.

• 4. SELLER WILL SEND A SATOSHI FROM AN HOT WALLET CONTAINIG AT LEAST 5.000 BTC.

• 5. SELLER HAS THE RIGHT TO CHANGE ITS BANKING COORDINATES IF REQUIRED BY HIM FOR RECEIVING SWIFT MT 103 WIRE TRANSFER

• 6. WITHIN 6 (six) WORKING DAYS, THE SELLER’S BANK ISSUES VIA SWIFT FROM A TIER 1 BANK TO THE BUYER’S BANK THE PERFORMANCE BOND ( PB ) COVERING 103% OF THE TOTAL AMOUNT OF THE BTCs OF THE FIRST TRANCHE

• 7. BUYER’S BANK VERIFIES THE PERFORMANCE BOND AND WITHIN NOT MORE THEN ONE (1) BANKING DAY MUST TRANSFER BY SWIFT MT 103 WIRE THE AMOUNT IN US DOLLAR FOR THE FIRST TRANCHE TO SELLER’S BANK ACCOUNT AND SHALL PROVIDE A COPY OF THE MT 103 TO THE SELLER

• 8. ONCE SELLER’S BANK CONFIRMS SWIFT MT 103, CONFIRMING THAT FUNDS ARE VERIFIED, ACCEPTED AND IRREVOCABLY CREDITED IN SELLER’S BANK ACCOUNT, THE SELLER RELEASES THE QUANTITY OF BITCOINS EQUIVALENT TO THE AMOUNT RECEIVED, ACCORDING TO THE BLOCKCHAIN RATE OF THE DAY NOT MORE THEN ONE BANKING DAY INCLUDING THE NET DISCOUNT OF 3% OF BTC TO THE BUYER

• 9. BUYER CONFIRMS THE COINS VIA BLOCKCHAIN 6 TIMES CONFIRMATION, CONDUCTS SATISFACTORY THIRD-PARTY AUDIT AND VERIFICATION AND NOTIFIES ALL PARTIES.

• 11. THEN SELLER PAYS 2 % COMMISSION TO THE BENEFICIARIES LISTED IN THE NCNDA-IMFPA THAT WILL BE SIGNED AS INTEGRAL PART OF THIS AGREEMENT.

• 12. FOR ADITTIONAL TRANCHES STEP 6 – 11 WILL BE REPEATED UNTIL THE TOTAL VOLUME OF THE CONTRACT WILL BE EXHAUSTED AND SETTLED.

• 13. UPON COMPLETION OF ALL THE TRANCHES AND THE CONTRACT, BOTH PARTIES SIGN AN AFFIDAVIT OF SUCCESSFUL SETTLEMENT.​

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SELLER MANDATE ONLY

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Interested parties should contact :

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• OTCbid@gmail.com

• DM Raymond Chai (on Linkedin)

• Telegram @OTCbiddotcom

• Telegram: +1 (786) 632 8577

• T.me/otc_bid

• OTCbid.com